San Francisco Hotel Palomar Sells for $300,000 a Room

By Sharon Simonson Maryland-based Pebblebrook Hotel Trust has acquired San Francisco’s Hotel Palomar for $58 million, or not quite $300,000 a room. The seller was El Segundo-based Griffin Capital Corp., which...

Boston Properties to Invest $1.4B in Two San Francisco Buildings

By Sharon Simonson Boston Properties Inc. considered buying San Francisco’s 101 California St. from the Hines company but instead decided to develop the Transbay Tower with them: The yield will...

Essex Bets On Downtown San Jose—Again

By Sharon Simonson Palo Alto’s Essex Property Trust Inc. plans another major foray into downtown San Jose with the construction of a 21-story tower at one of the most desirable...

Silicon Valley Architects Recognize Best Work

By Sharon Simonson Education and public spaces won big in the 2012 Design Awards of the Santa Clara Valley chapter of the American Institute of Architects. “Sustaining Innovation” was the theme...

Facebook Campus Designed For Evolving Company Culture

By Sharon Simonson Facebook leaders worried the company would lose its startup culture and distinct genetics when it left downtown Palo Alto. So they remade its new one-million-square-foot Menlo Park...

Japanese Retailer Likes Bay Area Urban Cores

By Sharon Simonson A Japanese retailer whose brand image echoes American society’s current quest for a more sustainable lifestyle is opening a 7,000-square-foot store in downtown San Jose, its second...

Cohen Buys Burlingame Site for Redevelopment Potential

By Jon Peterson Los Angeles-based Cohen Asset Management Inc. has paid more than $7 million to acquire 2.5 acres at 836 Cowan Road in Burlingame with an eye toward redevelopment...
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Global Winds Brush Bay Area Hospitality Sector

By Jon Peterson Offshore investors are driving the San Francisco Bay Area hotel market. Last month a Chinese investment group acquired the 309-room Crowne Plaza San Francisco International Airport Hotel...

Target Puts Bull’s-Eye on Geary Location in San Francisco

By Sharon Simonson Even as Swinerton Builders celebrates the grand opening of San Francisco’s first CityTarget at the Metreon, the general contractor has begun interiors work to ready the second...

Hines Sells 100 Montgomery For Twice What it Paid

By Jon Peterson Houston-based Hines is in contract to sell the 424,000-square-foot 100 Montgomery offices in downtown San Francisco for $165 million, or more than $388 a foot, to Chicago-based...